VA Loans in California: VA Home Lenders in California Helping Veterans Get Their Dream Houses

Apply for a Home Loan in California Today!

At Security America Mortgage, we’re proud to serve those who have served our country. We help veterans and their families to access affordable home loans in California, through the VA, to make their dream houses a reality.

Are you ready to start your home loan process? Then simply fill out the quick one-minute form below to get started! We’ll provide a no-obligation consultation to help you estimate how much you may be able to borrow. You can also give us a call at (866) 935-1112.

white house behind a big garden

Why Should I Get a VA-Backed Loan in California?

With world-class cities, like San Francisco and Los Angeles, incredible weather throughout the year and healthy living, there is more than one reason why you might want to use your Veterans Loan benefit to purchase your dream home in the Golden State.

In addition, loan limits in California vary from county to county, depending on the housing market. For example, the median sale price in Sacramento was $495,000, in October 2021. So, with that average price point, you are still below the one-family-unit limit in this county, which is $598,000.

Also, VA-Backed Loans require 0% down payment in most cases, whereas conventional loans generally require at least a 3% down payment and sometimes up to 20% required; FHA loans require a minimum of 3.5% down payment. And, with a VA Housing Loan, veterans do not have to pay any monthly mortgage insurance, which cannot be said about conventional or FHA mortgages.

What is a Jumbo Loan in California?

Many Veterans have already taken advantage of their VA benefits. With relaxed qualification standards and more flexibility, it is proven to be the right choice for many to purchase and refinance their homes through this program. However, in some California counties, the conforming loan limit with no money down is $548,250.

When your home costs more than this, the solution is a VA Jumbo Loan. A VA Jumbo Loan is any VA-Backed Loan bigger than $548,250. And qualifying Veterans can apply to purchase or refinance their home for up to a value of $1,000,000 through this type of loan, plus receiving all the benefits of the general California VA Loan.

These are the Key Benefits that Security America can Offer you to get a Home Loan in California

  • VA, FHA, and All Home Loan Types.
  • $0 Down Payment for VA Home Loans.
  • No Need for Private Mortgage Insurance.
  • Low Interest Rates.
  • Lower Payments.
  • Easier to Qualify.
  • Relaxed Credit Standards.

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VA Home Loan Process

va loan processOur team at Security America Mortgage makes every effort to ensure the home buying process is as transparent and stress free as possible.

The benefits of a VA Loan

image 1 No down payment requirements, no monthly mortgage insurance AND usually lower interest rates are just a few of the benefits veterans receive when selecting a Veterans Affairs Backed Loan.

Apply for a VA Loan

va loan Are you ready to take advantage of your VA Purchase Loan benefits? If so, it’s simple to start the process and takes only a few minutes. No social security number needed to start!

Who’s eligible for a VA Loan?

Va loans Active service members with at least 90 continuous days of service and veterans who’ve been honorably discharged from the armed forces can apply for a VA Mortgage Loan. Get started today!

VA Loan Overview

California VA Home Loans are loans made available to military veterans, reservists, and active-duty members for the purchase of a primary residence. The Veterans Administration does not lend money for the mortgage; instead, it guarantees the top 25 percent of the loans made by private lenders, such as Security America Mortgage, to those who are compliant with the VA Loan Eligibility criteria.

Qualified veterans can use their loan benefit to purchase a home with zero money down, no private mortgage insurance, and have the sellers pay all of their closing costs. These benefits, along with highly competitive interest rates, are making VA Home Loans in California the preferred loan choice for many veterans.

VA Mortgage Rates and Costs

VA Home Loans in California have the same costs associated with closing as all other home loan products, but there are two key differences in terms of closing costs with a VA-Backed Loan. First, if negotiated into the purchase contract, all closing costs and prepaid items can be paid by the seller, totaling up to four percent of the purchase price. Second, the Department of Veterans Affairs charges a VA Funding Fee on every loan it guarantees.

The VA Funding Fee is paid directly to the VA and helps to pay for the Home Loan Program for all current and future homebuyers. This Fee ranges from 1.25 percent to 3.3 percent but is waived for veterans with service-connected disabilities. Also, the VA Funding Fee can be paid in full at closing or rolled into the loan at closing.

Typically, the interest rates for VA Home Loans in California are lower when compared to conventional and FHA loans, but you can check out our VA Loan calculator to help you determine your payments!

VA Mortgage Loans Benefits

No Down Payment

Saving enough money for a down payment can be very difficult for active duty service members who are moving from base to base. With no down payment required for a mortgage loan, many veterans can purchase a home with little to no money out of pocket.

Lower Interest Rate

Because the Department of Veterans Affairs guarantees each loan, interest rates are typically 0.25 to 1 percent lower than those of conventional loans.

No Mortgage Insurance

Since the VA guarantees the lender the top 25 percent of the loan, no mortgage insurance is required. Most conventional loans require a borrower to put down at least 20 percent of the purchase price or pay mortgage insurance. Mortgage insurance can be costly and does not ever go towards reducing your principal balance.

California VA Loan Limits

VA Purchase Loans in California cover more property types than just homes and condominiums, qualified veterans can use their VA Home Loan to purchase a property that has up to four one-family units.

Here are the maximum VA Loan amounts in California’s counties:

County Name State One-Unit Limit Two-Unit Limit Three-Unit Limit Four-Unit Limit
ALAMEDA COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
ALPINE COUNTY CA $548,250 $702,000 $848,500 $1,054,500
AMADOR COUNTY CA $548,250 $702,000 $848,500 $1,054,500
BUTTE COUNTY CA $548,250 $702,000 $848,500 $1,054,500
CALAVERAS COUNTY CA $548,250 $702,000 $848,500 $1,054,500
COLUSA COUNTY CA $548,250 $702,000 $848,500 $1,054,500
CONTRA COSTA COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
DEL NORTE COUNTY CA $548,250 $702,000 $848,500 $1,054,500
EL DORADO COUNTY CA $598,000 $765,550 $925,350 $1,150,000
FRESNO COUNTY CA $548,250 $702,000 $848,500 $1,054,500
GLENN COUNTY CA $548,250 $702,000 $848,500 $1,054,500
HUMBOLDT COUNTY CA $548,250 $702,000 $848,500 $1,054,500
IMPERIAL COUNTY CA $548,250 $702,000 $848,500 $1,054,500
INYO COUNTY CA $548,250 $702,000 $848,500 $1,054,500
KERN COUNTY CA $548,250 $702,000 $848,500 $1,054,500
KINGS COUNTY CA $548,250 $702,000 $848,500 $1,054,500
LAKE COUNTY CA $548,250 $702,000 $848,500 $1,054,500
LASSEN COUNTY CA $ 548,250 $702,000 $848,500 $1,054,500
LOS ANGELES COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
MADERA COUNTY CA $548,250 $702,000 $848,500 $1,054,500
MARIN COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
MARIPOSA COUNTY CA $548,250 $702,000 $848,500 $1,054,500
MENDOCINO COUNTY CA $548,250 $702,000 $848,500 $1,054,500
MERCED COUNTY CA $548,250 $702,000 $848,500 $1,054,500
MODOC COUNTY CA $548,250 $702,000 $848,500 $1,054,500
MONO COUNTY CA $548,250 $702,000 $848,500 $1,054,500
MONTEREY COUNTY CA $739,450 $946,650 $1,144,250 $1,422,050
NAPA COUNTY CA $816,500 $1,045,250 $1,263,500 $1,570,200
NEVADA COUNTY CA $548,250 $702,000 $848,500 $1,054,500
ORANGE COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
PLACER COUNTY CA $598,000 $765,550 $925,350 $1,150,000
PLUMAS COUNTY CA $548,250 $702,000 $848,500 $1,054,500
RIVERSIDE COUNTY CA $548,250 $702,000 $848,500 $1,054,500
SACRAMENTO COUNTY CA $598,000 $765,550 $925,350 $1,150,000
SAN BENITO COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
SAN BERNARDINO COUNTY CA $548,250 $702,000 $848,500 $1,054,500
SAN DIEGO COUNTY CA $753,250 $964,300 $1,165,600 $1,448,600
SAN FRANCISCO COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
SAN JOAQUIN COUNTY CA $548,250 $702,000 $848,500 $1,054,500
SAN LUIS OBISPO COUNTY CA $701,500 $898,050 $1,085,550 $1,349,050
SAN MATEO COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
SANTA BARBARA COUNTY CA $660,100 $845,050 $1,021,450 $1,269,450
SANTA CLARA COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
SANTA CRUZ COUNTY CA $822,375 $1,053,000 $1,272,750 $1,581,750
SHASTA COUNTY CA $548,250 $702,000 $848,500 $1,054,500
SIERRA COUNTY CA $548,250 $702,000 $848,500 $1,054,500
SISKIYOU COUNTY CA $548,250 $702,000 $848,500 $1,054,500
SOLANO COUNTY CA $550,850 $705,200 $852,400 $1,059,350
SONOMA COUNTY CA $707,250 $905,400 $1,094,450 $1,360,100
STANISLAUS COUNTY CA $548,250 $702,000 $848,500 $1,054,500
SUTTER COUNTY CA $548,250 $702,000 $848,500 $1,054,500
TEHAMA COUNTY CA $548,250 $702,000 $848,500 $1,054,500
TRINITY COUNTY CA $548,250 $702,000 $848,500 $1,054,500
TULARE COUNTY CA $548,250 $702,000 $848,500 $1,054,500
TUOLUMNE COUNTY CA $548,250 $702,000 $848,500 $1,054,500
VENTURA COUNTY CA $739,450 $946,650 $1,144,250 $1,422,050
YOLO COUNTY CA $598,000 $765,550 $925,350 $1,150,000
YUBA COUNTY CA $548,250 $702,000 $848,500 $1,054,500

Get Your VA Home Loan in California Today!

If you are ready to start the application process for your house loan, fill the form below and get pre-qualified!

bricked styled house with a big red garage gate

Contact Your California VA Loan Specialist

Jason Noble

I have been in the mortgage/financing industry for many years and through all of these years, many things have become obvious to me and my associates. With my background in financing, ability to provide clear instruction, and execute game plans, I can support our Military every day.

Contact me and I will get you started on getting your home loan!

Testimonials

John Stone

“Any veterans considering a VA Home loan need to contact these folks. From day one, we were professionally guided through every step. Jason Noble was so efficient and knowledgeable, our realtor said he was the best she had ever worked with. No matter what we threw at them, they had the answers and experience. Jason could crunch numbers in seconds, and explain each step like it was second nature. We wholeheartedly recommend Security America for any veteran who wants a smooth process.”

Van Philon

“I am a veteran and I want to express my appreciation for the services I received from Security America Mortgage. I want to especially thank Jason Noble and Karen Salmeron for making my home buying experience seamless and manageable. I began working with Jason years ago, and he has always been very knowledgeable of my VA benefits, patient with me as a customer, and available whenever I had questions or concerns. Due to his expertise, integrity, and commitment to quality; I would highly recommend him to anyone in need of home financing services.”

FAQs

What are the VA Loan Requirements in California?

Everyone who meets the following could be eligible for a VA-Backed Loan:

  • You have served 90 consecutive days of active service during wartime.
  • You have served 181 days of active service during peacetime.
  • You have 6 years of service in the National Guard of Reserves.
  • You are the spouse of a service member who has died in the line of duty or as a result of a service-related disability.

Do all Lenders Offer VA Loans?

Not necessarily – California VA Loans are a specific niche in the market, and not every mortgage company provides them. Even if a general mortgage company does provide them, you may be better off choosing a specialist like Security America Mortgage – we have the specific expertise and experience as VA lenders in California to guide you through the process and make the most of your loan entitlement.

What if I Have Used a VA Loan Before?

If you’ve already used a VA Loan, paid it off in full, and wish to buy a second property without selling the original one, you can have your previously used entitlement restored – but only once. Although, if you’ve paid off your previous Loan in full and sold the property you used it to buy, you’re free to restore your entitlement as many times as you want.

Can a VA Loan be Used as a Construction Loan in California?

Whether you’re a veteran or active military member looking to build a custom home, a VA Construction Loan could be the perfect solution for you! Because of your military background, you have access to VA Home Construction Loans that offer nothing down and additional perks and benefits.

Usually, it’s more difficult to get a construction loan than an existing home loan, as lenders are more cautious funding a home that doesn’t exist yet.

However, here at Security America Mortgage we are VA Construction Loan lenders as well as experts, and we will be more than happy to help you get your own custom dream home whether you want to build it in San Diego, Santa Barbara or any other county in California. 

What is the Needed Credit Score for a VA Loan?

Loan credit requirements for VA Home Loans are set by the lender, meaning they can differ from mortgage company to mortgage company. Most lenders require a minimum credit score of 640; nonetheless, some lenders accept credit scores as low as 600.

How Long is the Process for Getting a Home Loan?

Many factors go into the timing of the process. To be safe, you should allow at least 30 days for the entire VA Mortgage process to take place. However, it is possible to close in as little as two weeks. With the help of our VA Loan Specialists, the process is quick and easy!

APPLY FOR A VA LOAN TODAY!